Africa faces massive poverty and economic hardship
By NJ Ayuk, Executive Chairman African Energy Chamber Organizations ranging from the World Bank to the European Investment Bank (EIB) have dropped support for African fossil fuel production in hopes of encouraging a transition from oil, gas and coal to sustainable energy sources like wind and solar power. Now there are legitimate concerns that investor […]
Enhancing cross-border trade data in West Africa
Informal traders account for a significant share of commerce among West African countries. Better data collection, digital tools and on-the-ground support can help their businesses thrive. That’s the goal of the latest collaboration between the International Trade Centre (ITC) and the West African Association for Cross-Border Trade (WACTAF). Working together making it easier to trade […]
Africans view health as a top priority
A majority of Africans want their governments to invest more in preparations for future health emergencies, even if doing so will diminish the resources available for other health services, Afrobarometer surveys show. Africans see health as the second-most important problem requiring government intervention, and only half of them think their governments are ready to deal […]
Afreximbank to double intra-African trade financing
African Export-Import Bank (Afreximbank) plans to double its financing of intra-African trade from US$20 billion in 2021 to US$40 billion by 2026, Haytham ElMaayergi, Afreximbank’s Executive Vice President, Global Trade Bank, has said. Mr. ElMaayergi was addressing participants and guests in Abuja.Nigeria at the African Caucus Meeting of the World Bank Group and the International […]
Private businesses complicit in evictions of Maasai
Since 2009, private businesses have been complicit in forced evictions of Maasai Indigenous communities from their ancestral lands in Loliondo by Tanzanian authorities, Amnesty International said today in a new report. The new report, ‘Business as usual in bloodied land? The role of businesses in forced evictions in Loliondo, Tanzania’, details how Otterlo Business Corporation (OBC), a trophy […]
Report highlights Africa’s top investment economies
South Africa’s Rand Merchant Bank (RMB) has released the highly anticipated 2024 edition of its Where to Invest in Africa report, a comprehensive analysis of the top investment destinations on the continent. The report, which has been developed in collaboration with the Gordon Institute of Business Science (GIBS), leverages a robust methodology that has been updated […]
“Brand Africa” to unlock investment opportunities
UN Tourism has united its member states to focus on promoting “Brand Africa” and exploring new opportunities for growth and diversification across the region. Held within the framework of the Regional Commission for Africa, “Promoting Africa to Unlock Tourism Investments and the Sector’s Growth Potential”, brought together public and private sector leaders to identify new opportunities […]
Farmer gets relief after tumor removal
A father of three can sleep comfortably on his back for the first time in 15 years after having a massive tumor – weighing 11lb (5kg) – removed by surgical charity Mercy Ships. Malagasy builder and rice farmer Fidisoa was 38 when what appeared to be a tiny pimple on his back started to grow, […]
Liberia’s unhappy birthday
By Seltue Karweaye Liberia has an estimated population of over 5 million, which provides a rich source of skilled and unskilled labor, making it an attractive prospect for global trade. Furthermore, the country is abundant in mineral resources and possesses some of the largest mineral reserves in sub-Saharan Africa. Despite its abundant resources such as […]
Bong Miners gather in Philadelphia
The Association of Bong Miners (ABM) in the Diaspora will hold its annual convention early next month in the US city of Philadelphia. The convention will be chaired by Lydia Fallah-Lloyd. Bong Mines is a former mining settlement in central Liberia. ABM is made of former residents of the community now living in the diaspora. According to […]
